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Trinangle

Dogeusdt , Target 🐕🎯 Target , 🎯 69 , then 74 . Then 83 Based on Fibonacci and price action and dealing with the formed triangle, If it can pass the sensitive level of 74, it can go up to 79 and even higher , In the lower time frame, the flag pattern can also be seen, so the doge is prone to rise. , but I think it will have a collision after the resistance level and it will even go down to 58 and then reach a unique peak,It may never see level 58 ,, the fluctuations in Doge are very high,🐕 and you have to be very careful.
Long
by Baharmostofi
gold weekly analysis gold is now in triangle correction after huge sell off. it has got major support zone at 1453 - 1445 that has been tasted multiple time. for fundamental reason global rescission and us election 2020 trade war agreements are still drive it higher. so there is maximum probality that gold will break out this triangle . at the end of the fourth corrective wave will be perfect entry if you don't want to miss gold biggest rally driven by corona virus and trade war. fifth wave will drive the direction of gold. lets wait Gold fundamental and technical analysis by Sangam Agarwal
OANDA:XAUUSDLong
by Sangam-Agarwal
GBPNZD-POTENTIAL TRIANGLE FORMATION OFFERING BULLISH TRADE ENTRYBULLISH TRADE ENTRY IMMINENT (UPDATE) NOTE: I am sure there are several economic & fundamental factors at play in this pair as is always the case in all financial instruments. However, I am not considering these and are analysing price chart from technical perspective alone. It is hard to make any long term accurate projections using any form of analysis, so price path illustrated on the chart are not going to hold and it should be considered as idealistic schematic diagram for anticipating larger cycle and as a guide in general direction. Chart Observations Whilst holding bullish bias overall for some time, I was puzzled by its inability to break above resistance recently resulting in complete review and here is a summary of my observations as follows: On larger time frame we have possible pitchfork which has defined the price path relatively well and it suggests an over all bullish longer term trend for this pair. (See 3day & daily chart price charts below for details) However, having moved of the low to September 2014 high it has gone into consolidation phase. Since September high of 2014, it seems so far that the price has been moving in a wider 3 swing zigzags and possibly forming what looks like a contacting triangle (this configuration Elliotwave is called 3-3-3-3-3 triangle, which is a trend continuation consolidation). If this interpretation is correct, then we can note that Wave A has completed and are in final stage of completing Wave B, having declined from February 2015 high in abc zigzag and are in possible wave 5 of C which could complete around 1.9350 - 1.93 area before reversing to the upside. Bullish trade could be planned and executed with necessary price confirmation in that zone with sensible money management. Previous structural supports could be used to plan for initial stop loss placement. Though it must be noted that this pair is very volatile and tight stops is not advisable so to manage wider stop position size must accordingly be kept small. It is interesting that the triangle formation is relatively large offering several long and short swing trades as it progress. Technicals: 1. Approaching lower range of the potential triangle. 2. Larger Wave B is nearly complete with minor wave c of abc zigzag in final stage ie wave v of 5 soon to complete. 3. Rising trendline and previous structure lows in close proximity where low is anticipated around 1.9350 -1.93. 4. Several fib retracement and extensions and projection proving confluence in the area. 5. Potential low could form soon lining up with Fib time ratio. As, always please do your own analysis for your requirement. Select to follow me and the charts for notification of any updates. If you like the analysis show this by thumbs up and constructive comments or alternative ideas for all to learn from. Thanks for taking the time to view my analysis. DanV danv-charting.com
Long
by DanV
16
2 impulses that can make a lot of differenceIn this chart i have contrasted 2 ways to count the recent gold's decline. In blue there is the wave count expressed by the EWI, that went open public in a video released the last week. In black is my view of the wave count (I hold from at least since year or so that this decline have a very significant 3)rd wave extension) Both wave counts have the their's weak points and how seriously each analysis consider it's weak points makes the difference. Of course, I'm not claiming be the best doing this, do not get me wrong, my only intention with this post is to explain why and how using the very same technique 2 analyst can have in a major agreement (both of us think of this as impulsive decline), minor differences that could lead for moments to different perspectives. Why did I choose the black count? mostly because an impulse that you can see at the beginning of the decline. That remarked impulsive after my 2) label, is one of the weak points for the EWI wave count. They integrated this impulse in a very long X wave to explain it as part of a ZIGZAG. The only problem i have to see EWI's ZIGZAG is that it's c)) wave ends with no great difference from the end of it's a)) wave, think some how uncommon, besides the fact that in a combination the connecting waves (the x's) do not tend to be longer than the corrective patterns (like w, y and z). My weak point is the 5 of 3) that was kind of tight it's end vs the 3 wave. with some broker's charts even appear as truncated. And the weak point for both and that could lead to a very needed alternative count if continues is the last remarked impulse (with light gray) that shows a kind of impulse. Is not totally clear as an impulse but could be. And there is where both counts could get more different.
FX:XAUUSD
by 7pasos
2